Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Bulgaria's exports to Spain reach record values

Photo: mi.government.bg

In 10 years, Bulgaria's exports to Spain have increased by 73%, as recent years have marked record values in the history of economic cooperation between the two countries. In the period 2017-2019, trade with Spain exceeded 2 billion euros per year, with these values quickly recovering after the pandemic. 

Aggregate figures for 2022 are still awaited, but growth is expected to be over 50%. 
This became clear during a Bulgarian-Spanish business forum, which is taking place in Madrid

The event was opened by the Bulgarian Minister of Economy, Nikola Stoyanov, and is organized jointly with the Confederation of Spanish Entrepreneurs (CEOE). It was noted that Spanish companies are showing interest in investments and joint projects in Bulgaria in the automotive sector and information and communication technologies.

Spanish companies have opened more than 3,000 jobs in Bulgaria, emphasized in his speech the ambassador of Spain to Bulgaria H.E. Alejandro Polanco. More than 25,000 Bulgarian students study Spanish, and over 200,000 Bulgarian live in Spain, it became clear during the forum. 

These are serious prerequisites for promoting economic ties between our two countries, the Spanish diplomat emphasized. 



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

No change in the electoral attitudes of Bulgarians

There is no change in the electoral attitudes of Bulgarians, according to the January survey by the Trend agency, commissioned by the 24 Chasa newspaper. The GERB party retains the leadership with 26.6% support of voters. "We Continue..

published on 2/5/25 1:08 PM

British Ambassador expects another great year in UK-Bulgaria relations

We are in for another year of excellent UK-Bulgaria relations, UK Ambassador to Sofia, Nathaniel Copsey, said at the opening of a forum held in the Sofia Hotel Balkan in the capital, organized by The Economist and Hazlis & Rivas...

published on 2/5/25 12:49 PM
Rumen Radev at the opening of the  forum

The institutions will do their best to make sure Bulgaria joins the Eurozone, President Rumen Radev says

Europe will have to reform its governance structures so as to speed up the decision-making process and mobilize its resources, said President Rumen Radev at the opening of the forum of The Economist taking place in Sofia. We cannot afford to..

published on 2/5/25 11:38 AM